Highland Vista Office Condominiums
Office | 5.77% CAP | 2,000 SqFt
Marketing description
Highland Vista Office Condos - Building #1 Discover the ultimate investment opportunity with our modern office condo at 2951 FM 1460 at Westinghouse Road, Georgetown, Texas 78626. Strategically located between IH-35 and SH-130, this property is positioned in the heart of the rapidly growing Georgetown and Round Rock cities. Enjoy exceptional visibility and access with 100% NNN leased space for a solid 10-year term, making this an intelligent investment choice. This newly constructed, single-story office building contains 2,000 sq.ft. of premium space with high-quality finishes and upgrades throughout. Boasting a 5.64% cap rate in Year 1 and a 6.17% average over the 10-year term, this property presents an attractive income potential. Currently leased to 1460 Dental Studio, with a 10-year lease term and potential for two 5-year option terms, this property guarantees stable returns for the savvy investor. Don't miss out on this smart investment opportunity at Highland Vista Office Park.
Investment highlights
100% leased on a new 10 year NNN Lease with 2% annual increases
New construction with high end build out for a local dentist.
Excellent location in the rapidly growing city of Georgetown on the northern end of the Austin, Tx market.
Passive landlord investment
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